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Also known as: (FORMERLY WAM FOUNDATION INC)
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Wam Foundation Inc. is a private corporation based in BOSTON, MA. The foundation received its IRS ruling in 2010. The principal officer is Weiss Asset Management. It holds total assets of $17.1M. Annual income is reported at $5.5M. Total assets have grown from N/A in 2011 to $17.1M in 2024. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in New York and Virginia. According to available records, Wam Foundation Inc. has made 13 grants totaling $2.4M, with a median grant of $200K. Annual giving has decreased from $1.8M in 2022 to $596K in 2023. Individual grants have ranged from N/A to $400K, with an average award of $182K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in New York and Massachusetts and Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$150K
Median Grant
$311K
Average Grant
$320K
Largest Grant
$500K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Wam Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in NY, MA, WA.
Wam Foundation Inc. has distributed a total of $2.4M across 13 grants. The median grant size is $200K, with an average of $182K. Individual grants have ranged from N/A to $400K.
Wam Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Wam Foundation Inc. is headquartered in BOSTON, MA. While based in MA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Matt Rinaldi | DIRECTOR | $0 | $0 | N/A |
| Daniel Fu | VICE PRESIDENT | $0 | $0 | N/A |
| Paul Sherman Thru 72022 | DIRECTOR | $0 | $0 | N/A |
| Daniel Bradford | VICE PRESIDENT | $0 | $0 | N/A |
| Benjamin Kornfeld Effective 72022 | DIRECTOR | $0 | $0 | N/A |
| Andrew Weiss | DIRECTOR, PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$17.1M
Fair Market Value
N/A
Net Worth
$17.1M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
13
Total Giving
$2.4M
Average Grant
$182K
Median Grant
$200K
Unique Recipients
7
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alima Usa IncGENERAL | New York, NY | $400K | 2023 |
| Wageningen University & ResearchGENERAL | Wageningen | $132K | 2023 |
| Possible HealthGENERAL | New York, NY | $60K | 2023 |
| Pan-Mass ChallengeGENERAL | Needham, MA | $4K | 2023 |
| AmazonsmileGENERAL | Seattle, WA | N/A | 2023 |
| Possible Health (Formerly Known As Nyaya Health)GENERAL | New York, NY | $344K | 2022 |
| Friends Of Raising The VillageGENERAL | New York, NY | $32K | 2022 |